2-bedroom flat · WD17 3TU
For saleReduced £35k (−9.1%) on 20 JunListed 403 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Ideally situated within a gated development in the picturesque Grove Mill conservation area, this characterful two bedroom ground floor apartment is presented to the market with no onward chain.
The apartment has been recently refurbished by the current owners, seamlessly blending a modern finish with the character of the building’s original features, including exposed brickwork and wooden beams.
The open plan lounge and dining area is bathed in natural light, courtesy of high ceilings and tall arched windows. Bespoke window seats add charm and provide an inviting spot to enjoy the outlook.
The integrated kitchen has been thoughtfully designed with a stylish contrast of light and dark cabinetry.
Crisp white upper units complement the deep-toned base cabinets, creating a clean and modern finish.
Both bedrooms are well proportioned and enjoy peaceful views over the canal; the principal bedroom also benefits from built-in wardrobe space.
A luxury three-piece bathroom completes the accommodation.
Further highlights include a long lease, allocated and visitor parking, a double height stable garage, and beautifully landscaped communal gardens with seating areas and canal views.
The apartment is just a short drive from the vibrant town centre, with its array of restaurants and shops, as well as Watford Junction, offering quick access into London Euston.
The M1 and M25 motorways are also close by.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
FAQ
About 2 The Grove Mill,, Grove Mill Lane, Hertfordshire
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